SBI GENERAL INSURANCE
IAG to sell entire 26% stake in SBI General Insurance
The country's largest lender and Insurance Australia Group (IAG) currently own 7O per cent and 26 per cent, respectively, in SBI General Insurance. The transactions are subject to regulatory processes and approvals.
IAG sells SBI general stake to Premji Invest
Premji will acquire 16.01 per cent and Warburg Pincus Group 9.99 per cent in the company.
Stiff fines drive third-party motor insurance business
Insurers said that the stricter enforcement of penalties by the police has led to this...
Insurance stocks' prices hit 52-week highs: Should you invest?
All three listed life insurers and private general insurer ICICI Lombard hit 52-week highs on October 22 and 23.
Share market update: Nifty Financial Services index rises; Indiabulls Ventures climbs 5%
The Nifty Financial Services index was trading 0.83 per cent up at 13,455.15 around 12:17 pm.
SBI shelves IPO plans for general insurance arm; card JV to hit market in Q4
Investor interest for its cards business is very high, and SBI Card listing will happen in the March quarter, Rajnish Kumar said.
ETMarkets Survey: IT, pharma, PSUs big no-no for Samvat 2076; big bets on private banks, insurers
Some brokerages believe chemicals, insurance and asset management companies will do better.
HDFC Life, DMart among cos that could soon trade in F&O
Analysts said many of these stocks would have been included in the derivatives segment but for this ban period.
I will retire in 10 years and I want to put money in equity mutual funds. Where should I invest?
If the fund is a top-rated one, then consider averaging as this is a good time to lower your cost. In general, do not enter any equity fund unless you have a 5-year time frame.
We have time till end Sept 2020 for meeting MPS requirement in SBI Life: Dinesh Kumar Khara, SBI
We have initiated the process on credit card IPO but it is premature to say anything more.
FAL corp sells 2.1 crore ICICI Lombard shares
The buyers included CAAM Funds India, Reliance Nippon Life Insurance Company and Kuwait Investment Authority among others.
Warburg, Temasek lead the race for SBI General stakes
The two aforementioned companies are likely to acquire a maximum 9.9 per cent each.
ESIC ties up with SBI for DBT facility
According to the statement, the bank would provide e-payment integration with the enterprise resource planning processes of ESIC through its cash management product e-payment technology platform.
Share market update: Nifty Financial Services index up; Cholamandalam Investment rises 2%
The Nifty Financial Services index was trading 0.19 per cent up at 13,833.05 around 12:18 pm.
6 PE funds make the cut for 26% in SBI General
The stake sale by Insurance Australia Group (IAG) will value SBI General Insurance at Rs 12,000 crore.
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